with 1.71%. It resulted from the efficiency of construction cost management, also well administrative expense controlling. On the other hand, revenue of construction contracts is continuing growth that
which are continuing growth. Financial cost Financial cost of the Group consists of long-term loan from a commercial bank to purchase property, plant, and equipment which occurred at the end of 2016, and
-to-equity ratio of 2.97 times and the interest-bearing debt to equity ratio of 2.61 times. Forward Looking The Company's operation has been continuing to set goals for the sustainability of the
. Industry Overview Overall economic activities in the first quarter of 2020 contracted from the prior last year. The Coronavirus disease 2019 (COVID-19) pandemic is continuing to evolve, resulting in an
Services Tax (GST) abolition in 2018. However, the subsidiaries have continuously improved operational efficiency through improvements in gross margin rates, as well as continuing to focus on cost efficiency
volume starting from end of Q3 2020 and continuing into Q1 2021. Cost of sales and services increased in accordance with higher sales. Gross profit margin increased from 10.15% in Q1 2020 to 12.08% in Q1
transaction is not classified as acquisition and disposition of assets since the size is lower than 15%; the Meeting can approve and proceed this transaction. However, this transaction will be presented in the
higher gross profit margin than 2 existing businesses. Consequently, overall gross profit margin profit has increased. Operating results classified by business are as follows: Management service Revenue
Transaction is classified as a Class 5 Connected Transaction, i.e., an offer of financial assistance, pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 21/2551 Re: Rules on